Median Age of Owner-Occupied Housing Stock By State

Citing data from the most recent American Community Survey, the NAHB’s Eye on Housing says the median age of owner-occupied homes in the U.S. is 42 years.  They point out that the age of housing stock is an important remodeling market indicator.  They say older homes tend to be less energy-efficient than newly built homes and are more likely to require repairs, upgrades, and renovations in the future.  Indeed…

“…as people increasingly use their homes for multiple purposes and demand additional space, older housing represents an investment opportunity for homeowners.”

Click here to read the full report at the NAHB’s Eye on Housing.